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Friday, October 22, 2021

Group of Seven

International intergovernmental economic organization


Group of Seven
Group of Seven

The Group of Seven (G7) is an inter-governmental political forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. Its members are the world's largest IMF advanced economies and wealthiest liberal democracies; the group is officially organized around shared values of pluralism and representative government. As of 2018, the G7 nations account for close to 60 percent of global net wealth ($317 trillion), 32 to 46 percent of global gross domestic product, and about 770 million people or 10 percent of the world's population. Most members are great powers in global affairs and maintain mutually close economic, military, and diplomatic relations.

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